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Trump’s SEC launching ‘crypto task force’ to develop clear regulations for industry

  • The Securities and Exchange Commission announced a crypto task force to create a regulatory framework for cryptocurrency assets on Tuesday.
  • The task force will be led by Commissioner Hester Peirce, known as 'Crypto Mom' for her dissenting views on crypto regulations.
  • Acting Chairman Mark Uyeda criticized prior SEC actions under Chair Gary Gensler, who favored enforcement against crypto violations.
  • Trump's support for crypto is expected to boost investment, as stated by Coinbase CEO Brian Armstrong.
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Bias Distribution

  • 43% of the sources are Center, 43% of the sources lean Right
43% Center
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